In Q3 2013, the banking sector faced a shortage of customer resources. The major source of liabilities became refinancing on the part of the Bank of Russia and MinFin’s deposits. Meanwhile, by results of the lending market’s performance in Q3, it was for the first ti me this year that...

Late in 2014, Russia’s banking sector was driven by the ruble’s devaluation and mounting crisis-related developments in the economy, fi rstly the decline in real disposable household income. Banks sustained big losses for the first time since 2009, and the money market regulator strengthened...

It is monetary authorities’ resources that became the principal source of growth in banks’ assets in October 2014. Still high frequency of banking license revocations and the ruble devaluation could hardly recover depositors’ confi dence in the banking system – growth in the deposit base...

The Russian banking sector in November was aff ected by the same key adverse trends that have been prevailing over the recent months. The monetary authority’s resources still served as the principal source of funding for banks, which is indicative of a systemic shortage of traditional types of...

Over the past three quarters of 2014 the Russian banking sector encountered a constriction of growth in all of its key resource sources. Retail accounts and deposits and foreign liabilities contracted while growth in corporate customers dropped to low levels. Monetary authorities’ resources,...

In H1 2013, the Russian banking sector focused basically on the retail sector. Household bank deposits accounted for almost 40% of increased liabilities, whereas for 33% of increased assets. Corporate loans accounted for as li?? le as 25% of increased assets. Furthermore, retail loan yield hit...

Banks’ assets grew at a rate of 20.1% in May 2013, being a slightly lower than in 2011 and 2012. In May, financial result of the banking business was found to be minimal since the fall of 2011. Household savings on bank accounts and deposits slowed down rapidly after three months of growth. A...

In July 2013, the bulk of banks’ lending operations shifted towards corporate loans: the growth rate of debt against loans issued to companies for the first time over several months in a row became noticeably higher than that of the retail credit portfolio. The shrinkage of monies on corporate...

This double-issue contains 11 papers invited for the first special issue on “Computational methods for Russian economic and financial modelling”. It was an attempt to explore and bring together practical, state-of-the-art applications of computational techniques with a particular focus on...